Kenya's H1 Export Earnings Hit KSh368.79 Billion
Kenya’s export earnings for the first half of the year (H1 2021) hit a 10-year high at KSh368.79 billion, lifted by increased sales of horticultural produce and rising prices of [...]
Kenya's Current Account Deficit Widens to 5.4% of GDP in June
Kenya's current account deficit, which measures a country's trade and financial flows with other nations, widened to 5.4% of GDP in the 12 months to June from 5.2% in the [...]
Kenya’s Women Entrepreneurs Held Back from Corporate Procurement
When Annmarie and Nancy Kathendu – the two sisters – walked to Nakumatt in 2014, they were attempting to disrupt a grocery market largely dominated by men. Armed with a [...]Kenya's Current Account Deficit Widens to 5.5% of GDP
Kenya's current account deficit, a measure of a nation's trade and financial flows with other nations, widened to 5.5% of the GDP in the 12 months to May 2021 compared [...]Kenya's Economic Activity Picks Up in June
Kenya's private sector activity improved in June, although at a modest pace, according to the latest Stanbic Bank Kenya Purchasing Managers Index (PMI). The improved activity was supported by increased [...]Kenya's Horticulture Exports Earnings Jump to KSh39.4 Billion in Q1 2021
The value of Kenya's horticulture exports rose sharply in the first quarter of this year as economic activity slowly recovered from the pandemic downturn. According to data from the Central [...]Moyale One-Stop Border Post Starts Operations
The Kenya-Ethiopia One-Stop Border Post (OSBP) at Moyale has started operations, following its official launch in December 2020 by President Uhuru Kenyatta and Abiy Ahmed, the Ethiopian Prime Minister. The [...]Potential of Fintech in the E-Commerce Industry in Africa
Africa's e-commerce space is rising, thanks to the growing labour force, rising internet connectivity, continued urbanization, and the increasing power of super platforms like Jumia, Glovo, Uber and Sendy. Mobile [...]Tea Auction Records Slight Increase in Prices
Theweekly MombasaTea Auction held on 26th and 27th, and 28th April 2021 had 12 million kilograms of tea offered for sale. The amount on offer decreased from 12.3 million kilograms [...]Kenya Tanzania Lift Barriers on Cross Border Trade, Ink Gas Pipeline Deal
Kenya and Tanzania have agreed to lift barriers on cross border trade, which has hindered the smooth flow of people and trade between the countries. Therefore, a joint team of [...]World Bank Approves $380 Million for Malawi Mozambique
Through the International Development Association (IDA), the World Bank has approved $380 million in financing to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop [...]Kenya, US Seek to Strengthen Relations
President Uhuru Kenyatta yesterday held talks with Antony Blinken, the US Secretary of State who advises the US President on foreign policy matters. It is the first meeting with select [...]
